Home Point Capital Inc. Securities Litigation

  1. June 28, 2024

    Home Point Investor Attys Get $1.5M Fee As Judge OKs Deal

    A Michigan federal judge on Friday granted final approval to a $5 million deal resolving investor allegations that mortgage lender Home Point exaggerated its ability to keep costs low ahead of its initial public offering, giving class counsel a $1.5 million cut of the deal.

  2. September 18, 2023

    Home Point Cuts $5M Deal With Investors Jilted After IPO

    Home Point has agreed to pay $5 million to investors to resolve claims that the wholesale mortgage lender exaggerated its ability to keep its costs low ahead of going public in early 2021, according to a settlement agreement filed in Michigan federal court Friday.